iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) Reaches New 12-Month Low – Time to Sell?

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF (BATS:TLTW) hit a new 52-week low on Monday . The company traded as low as $21.21 and last traded at $21.22, with a volume of 484512 shares changing hands. The stock had previously closed at $21.36.

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF Price Performance

The business has a 50-day moving average price of $21.92 and a 200 day moving average price of $22.37.

Institutional Trading of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Institutional investors have recently added to or reduced their stakes in the business. PNC Financial Services Group Inc. purchased a new position in shares of iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the fourth quarter worth $54,000. JPMorgan Chase & Co. increased its holdings in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 30.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 3,997 shares of the company’s stock worth $93,000 after buying an additional 939 shares in the last quarter. Private Wealth Asset Management LLC purchased a new position in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF in the 4th quarter worth about $113,000. Cullen Frost Bankers Inc. lifted its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 38.6% during the 4th quarter. Cullen Frost Bankers Inc. now owns 8,805 shares of the company’s stock valued at $200,000 after acquiring an additional 2,454 shares during the period. Finally, Global Wealth Strategies & Associates lifted its stake in iShares 20+ Year Treasury Bond BuyWrite Strategy ETF by 7.5% during the 2nd quarter. Global Wealth Strategies & Associates now owns 12,973 shares of the company’s stock valued at $290,000 after acquiring an additional 906 shares during the period.

About iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

The iShares 20+ Year Treasury Bond Buywrite Strategy ETF (TLTW) is an exchange-traded fund that is based on the CBOE TLT 2% OTM Buywrite index. The fund uses a fund-of-fund approach to passively track an index that measures the performance of holding shares of the iShares 20+ Year Treasury Bond ETF and writes one-month, out-of-the-money call options against the shares. TLTW was launched on Aug 18, 2022 and is managed by BlackRock.